CHGA vs LRMR: Correlation
How closely do Change Agents Corporation (CHGA) and Larimar Therapeutics, Inc. (LRMR) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHGA and LRMR?
On 3 years of weekly data the CHGA/LRMR correlation comes out at 0.40, moderate. The past 12 months show a tighter link (0.68) than the 3-year average (0.40). The 5-year figure is 0.30, and annualized covariance runs at 5991.9 %².
In CHGA's tracked universe of 10 assets, LRMR sits right near the top at #2. The last year tells two different stories: LRMR led by 97.5 percentage points, -93.7% for CHGA against +3.8% for LRMR.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CHGA vs LRMR: side by side
| CHGA (Change Agents Corporation) | LRMR (Larimar Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -93.7% | +3.8% |
| 5-year return | -99.9% | -71.6% |
| Volatility (ann.) | 148.9% | 101.9% |
| Beta vs S&P 500 | 0.96 | 1.81 |
| Max drawdown (3Y) | -99.3% | -87.1% |
| Market cap | – | $0.4B |
| P/E (trailing) | 0.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHGA | LRMR |
|---|---|---|
| 2022 | -36.6% | -61.7% |
| 2023 | -90.7% | +10.2% |
| 2024 | -55.0% | -14.9% |
| 2025 | -63.2% | -1.6% |
| 2026 | -89.1% | +6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHGA and LRMR good diversifiers for each other?
Reasonably. At 0.40, CHGA and LRMR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CHGA and LRMR?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.68 over the last year and 0.30 over 5 years.
Is LRMR a good diversifier for CHGA?
Reasonably. At 0.40, CHGA and LRMR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/chga-vs-lrmr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chga-vs-lrmr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CHGA correlations · LRMR correlations
